New Zealand GST rates There are 3 GST rates in New Zealand: the standard, reduced and nil rates. New Zealand GST compliance In providing taxable supplies, and once GST registered, businesses are obliged to follow various compliance rules, including record keeping. These include: New Zealand tax point The tax point (time of supply) rules determine …

Any company registered with a New Zealand GST number must submit periodic returns to the Inland Revenue. What are the returns filing and payments deadlines for New Zealand GST returns? GST returns must be submitted by the 28th of the month following the reporting period end. The payment date of any GST due is the …

What is the New Zealand GST registration threshold Non-resident businesses providing taxable supplies in New Zealand must register if they pass the annual registration threshold. This is currently NZD 60,000 and applies both retrospectively over the past calendar year, or if a business anticipates exceeding this in the forthcoming 12 months. Businesses may also voluntarily …

New Zealand introduced a Goods and Services Tax (‘GST’) on 1 October 1986. This is similar to VAT, and based on the OECD’s standard indirect tax regime model. It is one of the most progressive regimes in the world, with a wide base and limited exemptions. GST is jointly administered by the Inland Revenue and …

Spain SII Updates: From July 1st, SII is officially live. In order to submit all the invoices to the Spanish authorities, we have updated the SII to use production URLS in 17.6.1 release. Czech Republic: We added the possibility on the CZ VAT Return in XML format, to indicate that the reporter is a natural person. …

New Zealand is to implement a number of changes to its GST Act which will come into force on 1 April 2017. These include: Extension of the Goods and Services Tax only registration regime for non-resident businesses to simplify compliance Easement of the partial exemption rules and calculation for large companies Limitations to the application …

From 1 October 2016, non-resident providers of e-services to consumers resident in New Zealand are required to charge GST at 15%. An immediate outcome is a rise in the prices of these types of services, which includes fees for: streaming films, TV, music and games; e-books; membership to online clubs; software; and apps. Netflix, for …

The New Zealand parliament has passed the bill to impose 15% GST on e-services provided to consumers from foreign providers. The new tax will come into force on 1 October 2016. Sellers can use information such as IP address and credit card details may be used to determine if a consumer is resident in New …

New Zealand is to bring non-resident providers of B2C digital services into the 15% Goods and Services Tax (GST) net from 1 October 2016. E-services included within the new tax includes: downloads of music, video and games; the online purchase of software; e-books and subscriptions to membership sites etc. Foreign providers of digital services will …

About Avalara VATLive

VATlive.com is one of the leading global online resources for timely tax news, insight and rate changes, providing a wealth of daily information and expert insight on EU and global indirect tax schemes.More information